New markets venture partners
New Markets Venture Partners (NMVP) is a venture capital firm that focuses on investing in early-stage companies that have the potential to create significant social and environmental impact while generating strong financial returns. Here are some key points about NMVP:
Investment Focus:
- Early-stage companies with innovative solutions that address pressing social and environmental challenges
- Focus on sectors such as education, healthcare, energy, water, and agriculture
- Companies that have the potential to scale and create significant impact
Investment Size:
- Typically invests between $500,000 to $5 million in each portfolio company
- May also provide follow-on investments to support growth and scaling
Investment Stage:
- Focus on seed and Series A investments
- May also consider later-stage investments in companies that have demonstrated strong traction and growth potential
Geographic Focus:
- Invests in companies based in the United States, with a focus on the Mid-Atlantic region
- May also consider investments in companies based in other regions with strong social and environmental impact potential
Portfolio Companies:
- Has invested in companies such as:
- Education: companies that provide online learning platforms, educational software, and other innovative solutions to improve access to education
- Healthcare: companies that develop innovative medical devices, provide telemedicine services, and offer other healthcare solutions
- Energy: companies that develop renewable energy technologies, provide energy efficiency solutions, and offer other sustainable energy solutions
Team:
- Led by Managing Partners, including:
- David Brophy: Co-Founder and Managing Partner
- John MacIntosh: Co-Founder and Managing Partner
- Other experienced investment professionals with expertise in social impact investing and venture capital
Funds:
- Has raised two funds to date:
- NMVP Fund I: $25 million, raised in 2012
- NMVP Fund II: $50 million, raised in 2017
Impact:
- Aims to generate strong financial returns while creating significant social and environmental impact
- Has a strong track record of supporting portfolio companies that have achieved significant growth and impact
Overall, New Markets Venture Partners is a venture capital firm that focuses on investing in early-stage companies with innovative solutions that address pressing social and environmental challenges.